NBA Offseason’s First Blockbuster: Magic-Grizzlies Complete 7-for-1 Trade Sending Desmond Bane to Orlando, Uniting Him with Paolo Banchero and Franz Wagner
The NBA’s first major offseason trade has landed: the Orlando Magic and Memphis Grizzlies officially announced a 7-for-1 deal, sending Desmond Bane to Orlando in exchange for a haul of assets. The blockbuster has ignited debates on the value of Kevin Durant and Austin Reaves—while Ja Morant bid farewell to his "brother," potentially impacting the Suns’ pursuit of Durant.
Orlando sends to Memphis:

Kentavious Caldwell-Pope
Cole Anthony
2025 first-round pick (16th overall)
2026 unprotected first-round pick (from Suns/Wizards)
Unprotected first-round picks in 2028 and 2030
2029 first-round pick swap (top-2 protected)

In return, the Magic acquire Bane, who will don an Orlando jersey next season to bolster the team’s perimeter shooting.
According to reporter Brett Siegel, negotiations intensified within 24 hours, with Bane unaware he was on the trade block until the deal took shape. "He never expected to be moved this offseason," a source said.
ESPN’s Brian Windhorst on the steep price: "If Bane costs this much, how many picks for Kevin Durant? Orlando isn’t just paying for Bane—they’re also dumping Caldwell-Pope’s contract. The cost is outrageous, but it’s not apples-to-apples with a Durant trade."
Fans on social media:
"Rudy Gobert got 5 first-rounders, Bane gets 5, Mikal Bridges gets 6—how many for Giannis?" (AZSportsZone)
"Reminder: The Lakers got Luka Doncic for 1 first-round pick + 0 swaps." (Arash Markazi)
Lakers reporter Trevor Lane: "Bane is worth 4 first-rounders. How many for Austin Reaves?"
Lakers media: "Reaves is worth at least 8 first-round picks."
Morant posted photos of the duo, writing: "Same group, forever brothers. Go be great, bro."
Bane replied: "Our brotherhood stays 100% unchanged."
Grizzlies official: "Thank you, Desmond."
The 26-year-old averaged 19.2 points, 6.1 rebounds, and 5.3 assists in 69 games this season. Over five Grizzlies seasons, he posted 17.8 PPG with a 43.2% catch-and-shoot 3PT rate. Now joining Orlando’s young core (Banchero, Wagner), all eyes are on how he’ll thrive in a new system.

Will Bane live up to the massive trade package? The Magic’s gamble begins now.
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